Cryptocurrency Q&A Do any ETFs track bitcoin?

Do any ETFs track bitcoin?

Ilaria Ilaria Wed Dec 18 2024 | 7 answers 1200
I am wondering if there are any Exchange Traded Funds (ETFs) that specifically track the performance of bitcoin. I would like to invest in Bitcoin through an ETF if possible. Do any ETFs track bitcoin?

7 answers

SkylitEnchantment SkylitEnchantment Fri Dec 20 2024
With spot Bitcoin ETFs, traders can gain exposure to Bitcoin without needing to hold the cryptocurrency themselves.

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Lorenzo Lorenzo Fri Dec 20 2024
The approval also alleviates concerns about trading on potentially fraudulent exchanges.

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SamuraiBrave SamuraiBrave Fri Dec 20 2024
Spot Bitcoin ETFs offer a safer and more accessible route to investing in Bitcoin.

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DigitalLegendGuard DigitalLegendGuard Fri Dec 20 2024
In January 2024, the Securities and Exchange Commission granted approval for spot Bitcoin ETFs.

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Claudio Claudio Fri Dec 20 2024
This approval provides traders with a new method to invest in Bitcoin.

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